The COVID-19 pandemic has had many far-reaching implications. In addition to the financial reporting impact of the pandemic, many other business functions, such as budgeting and forecasting are also proving to be challenging in the current environment and will require adjustments to how they were done in the past.
DESIGNED FOR
Accounting and auditing practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters’ activities
BENEFITS
- Identify challenges when developing budgets and cash flow forecasts in the COVID-19 environment
- Review relevant accounting guidance that relies on budgeting and cash flow forecasting
- Recall strategies for developing realistic cash flow forecasts in the COVID-19 environment
HIGHLIGHTS
- Accounting guidance that relies on cash flow forecasting and budgeting
- Critical uses for accurate budgeting and forecasting in the current economic environment
- Challenges when forecasting and budgeting in the COVID-19 environment
- Effective techniques that you can use to accurately forecast operations in a period of change
COURSE LEVEL
Basic
PREREQUISITES
Experience in accounting and attestation.
ADVANCE PREPARATION
None